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How to Win the Olympic Games - The Empirics of Key Success Factors of Olympic Bids

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Author Info
Arne Feddersen () (Chair for Economic Policy, University of Hamburg)
Wolfgang Maennig () (Chair for Economic Policy, University of Hamburg)
Philipp Zimmermann ()

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Abstract

This paper examines the probability of the success of city bid campaigns on the basis of quantified determinants for a total of 48 bids for the Summer Olympic Games between 1992 and 2012. Using a model comprising the distance of sporting venues from the Olympic Village, local temperatures and unemployment rates, we can correctly predict the decision for 100% of failed bids and 50% of successful bids.

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File URL: http://www.hced.uni-hamburg.de/WorkingPapers/200702.pdf
File Format: application/pdf
File Function: First version, 2007
Download Restriction: no

Publisher Info
Paper provided by Chair for Economic Policy, University of Hamburg in its series Working Papers with number 002.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 21 pages
Date of creation: 2007
Date of revision:
Publication status: Published in Hamburg Contemporary Economic Discussions, Issue 02, 2007
Handle: RePEc:hce:wpaper:002

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Web page: http://www.hced.uni-hamburg.de/
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Related research
Keywords: Olympic Games; Bidding process; Key success factors; Binary logistical regression;

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Find related papers by JEL classification:
L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Recreation; Tourism
C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Robert Baade & Victor Matheson, 2000. "Bidding for the Olympics: Fools Gold?," IASE Conference Papers 0007, International Association of Sports Economists. [Downloadable!]
  2. Arne Feddersen & Wolfgang Maennig, 2005. "Trends in Competitive Balance: Is there Evidence for Growing Imbalance in Professional Sport Leagues?," Working Papers 0012005, Chair for Economic Policy, University of Hamburg. [Downloadable!]
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Loek Groot, 2008. "The Contest for Olympic Succes as a Public Good," Working Papers 08-34, Utrecht School of Economics. [Downloadable!]
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This page was last updated on 2009-11-15.

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